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Financial Accounting
Existing Payment in Financial Accounting Formulas
Existing Payment refers to the regular payment amount that a borrower is currently making towards a loan or debt obligation. And is denoted by EP.
Financial Accounting formulas that make use of Existing Payment
f
x
Present Value of Outstanding Balance
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FAQ
What is the Existing Payment?
Existing Payment refers to the regular payment amount that a borrower is currently making towards a loan or debt obligation.
Can the Existing Payment be negative?
{YesorNo}, the Existing Payment, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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